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Fondaco Global Lux Wld Govt Bds EE I Inc

The Sub-Fund invests its assets in financial instruments included in the
Benchmark with the objective to pursue a passive investment strategy, in order to achieve an investment return in line with the benchmark return set below.
According to the composition of the Benchmark the Sub-fund is expected to have an exposure to Countries almost evenly diversified in order to maximise the benefit from Country and currency diversification. The currency exposure of the instruments included in the portfolio is expected to be un-hedged.